US Stocks Plunge Amid Trump Tariffs And Trade War, White House Pushes Back Against Recession Talks
Wall Street has gone from being impacted by reactions to being impacted by no reactions. Major US stock indexes sank and Tesla’s shares had their worst day since September 2020, falling 15%. This was a result of result of President Trump refusing to predict whether his tariff policies could lead to a recession. Trump said: “There is a period of transition, because what we’re doing is very big … It takes a little time, but I think it should be great for us.”00:00 Trump denies recession fears1:04 Trump blames Biden-era economy for current financial struggles2:51 Economists warn of recession risks due to shifting trade policies n18oc_world n18oc_crux
